South Africa
Normal Tax Rules Apply to Crypto Income, Says South Africa
The South African Revenue Service has clarified its stance on the treatment of cryptocurrency tax, saying current rules suffice.
$50 Million Gone? South African Police Probe Suspected Bitcoin Ponzi
As much as $50 million may have been lost by an international group of investors after putting their money into a bitcoin investment group.
South Africa's Central Bank Eyes JPMorgan Blockchain Tech
South Africa's central bank has launched a program that will trial JPMorgan's Quorum blockchain for interbank clearing and settlement.
Pick n Pay Double Take? The Supermarket Chain Isn't Accepting Bitcoin, It Tested It
South Africa's second-largest supermarket chain tested bitcoin payments earlier this year, but is thus far declining to roll out a broader option.
South Africa's Central Bank: It's 'Too Risky' to Launch a Cryptocurrency
A senior official for the South African Reserve Bank has spoken of the risks for the institution in launching its own cryptocurrency.
South Africa's Financial Power Players Are Going All-In on Blockchain
Nearly every major financial institution in South Africa has gathered to chart the country's path towards possible large-scale blockchain adoption.
SARB Chief: Blockchain Could Bring Financial Access to Millions of People
The governor of South Africa's central bank struck a positive note on blockchain earlier this month.
'Sovereign' Blockchains Will Change Monetary Policy, Bank Paper Argues
A new research paper published by South Africa’s FirstRand Bank argues blockchains could revolutionize central banking.
Banks Trial Blockchain With South African Regulators
South African banks and regulators are teaming up on blockchain.
CSDs to Collaborate in Distributed Ledger First
Two central securities depositories (CSDs) have agreed to collaborate on distributed ledger initiatives in a first-of-its-kind agreement globally.
